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Zynga rose in prominence when Facebook games were new but is now the leading indicator of its decline. The softness in its main business has made Zynga somewhat desperate to expand onto other platforms such as mobile, as well as into online money gambling, to bolster the bottom line and appease jittery investors. The hard truth was that users soon began tiring of Draw Something — tiring of the constant drawing mechanic that made the game popular in the first place.

Neither did Draw Something 2 have long legs when it was released in April of this year. After a strong debut, the sequel began seeing a steep fall off in iOS downloads within a few weeks. There is little surprise then that the studio was shuttered as part of the latest lay-offs.

View the company profile of Caesars Digital. View the company profile of Candy. View the company profile of PointsBet. Find startup jobs, tech news and events. Our Story. Our Staff Writers. Content Descriptions. Get Involved. Recruit With Built In. Send Us a News Tip. Become an Expert Contributor. Customer Support. Share Feedback. It's also unlikely the company was able to retain its DrawSomething! Founded in , Myspace was once the most popular social networking web site in the world, and in June of , the company surpassed even Google as the most visited website in the United States.

In August of , the site had reached over million account activations. In , the company's fortunes began to go into a steep decline. Rather than improving their social networking experience the company chose to go with a "portal-style" strategy for building its audience around music and entertainment instead.

Additional modifications to the site in the hopes of increasing the company's advertisement revenue also made it unwieldy and slow to use.

To make matters worse, the company's main rival, Facebook, was eclipsing it in traffic with its clean and efficient site design, increased number of users and was building a platform where 3rd-party developers could plug into an API to build new applications for it.

By contrast, Myspace was doing all of its development in-house. Next up, even worse: 11 and 12 Join Discussion. Maruti Suzuki India Limited. IndusInd Bank Ltd. China Telecom Corp. Here's the road map for how the supply-chain logjam will get unclogged. It might Trending Organizations. Potential Connections via Relationship Science. Recent Transactions. Details Hidden. Zynga, Inc.



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